morning thoughts...
The last day of may f/o expiry , recall the pre intimated alert for basket trades and the big move awaited , now the markets can surprise and decept every one with bank nifty - already in long being the favourite and market leader.
Technically the dispersed pattern has been soaked and a floater multi month reversal move is likely in the coming session , though many stocks below psi 33 will continue to trade in negative and witness selling pressure whereas those above or equal to 55 will see sharp rise and its a bloating oppurtunity to create wealth in high magnitude , options of the same can rise almost 1000- 3000% with futures giving any where near to 10-20% , some supportive ones are escorts , bank nifty , voltas , icici ,yes bank
On the lower side the supports shifts to 2% reciprocal beta and resistances too shifts above 1%
On the commodities front subdued trade is likely in bullions , base metals and energy
Mega expiry day special
Futures buy icici bank
Buy bank nifty and nifty
Futures sell dish tv , pfc
Buy bank nifty 23000 ce , nifty 9500 ce
Buy escorts 600 ce , voltas 460 ca
The last day of may f/o expiry , recall the pre intimated alert for basket trades and the big move awaited , now the markets can surprise and decept every one with bank nifty - already in long being the favourite and market leader.
Technically the dispersed pattern has been soaked and a floater multi month reversal move is likely in the coming session , though many stocks below psi 33 will continue to trade in negative and witness selling pressure whereas those above or equal to 55 will see sharp rise and its a bloating oppurtunity to create wealth in high magnitude , options of the same can rise almost 1000- 3000% with futures giving any where near to 10-20% , some supportive ones are escorts , bank nifty , voltas , icici ,yes bank
On the lower side the supports shifts to 2% reciprocal beta and resistances too shifts above 1%
On the commodities front subdued trade is likely in bullions , base metals and energy
Mega expiry day special
Futures buy icici bank
Buy bank nifty and nifty
Futures sell dish tv , pfc
Buy bank nifty 23000 ce , nifty 9500 ce
Buy escorts 600 ce , voltas 460 ca
